The SUV segment of the car sector today has a wide range of SUVs ranging from low budget to high range. In which today we are talking about a popular SUV in this segment, Bolero Neo, which is liked for its low price and strong performance.
Mahindra Bolero Neo N4 price starts at Rs.8,99,995 (ex-showroom, Delhi) which goes up to Rs.10,19,533 on road. But you can buy this car with easy finance plan without spending Rs 10 lakhs all at once.
According to the online down payment and EMI calculator, if you buy this SUV, then the bank will give a loan of Rs 9,17,533 on it. After this loan, you will have to pay a minimum down payment of Rs.1,02,000. After the down payment, a monthly EMI of Rs 19,405 will have to be paid every month.
To repay this loan being given by the bank, the bank has fixed a time of 5 years i.e. 60 months, with which the bank will charge interest at the rate of 9.8 percent per annum on this loan amount.
If you are planning to buy this SUV after reading the finance plan available on Mahindra Bolero Neo, then know here the complete details of this SUV from engine to features.
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Mahindra Bolero Neo N 4 Engine: Mahindra Bolero 1493 cc engine has been given which generates power of 100 bhp and peak torque of 260 Nm, with which manual transmission is given.
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Mahindra Bolero Neo N4 mileage: Regarding mileage, Mahindra claims that this Bolero Neo SUV gives a mileage of 17.29 kmpl and this mileage has been certified by ARAI.
Bolero Neo N 4 Features: Talking about the features of Mahindra Bolero, features like multi-function steering wheel, power-adjustable exterior rear view mirror, touchscreen infotainment system, anti-lock braking system, dual airbags on the front seats have been given.
Important notice: The loan, down payment and interest rate plans available on Mahindra Bolero Neo depend on your banking and CIBIL score. If a negative report comes out in your banking or CIBIL score, then the bank can make changes in these three accordingly.